ADB to help Kyrgyzstan and Tajikistan respond to disasters
The Asian Development Bank (ADB) has approved a $56.4 million program to help Kyrgyzstan and Tajikistan boost their capacity to respond to disasters. Both countries are vulnerable to disasters, such as earthquakes and floods, but lack the fiscal capacity and risk transfer mechanisms to effectively respond to hazards. The Risk-Layered Disaster Relief Finance Program will enhance their